55, PARK DRIVE, GRIMSBY, DN32 0EQ - £399,999

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 PARK DRIVE is a very large extended semi-detached house of 226m², built sometime between 1930 and 1949, which could now be worth an estimated £434,811. It was last sold for £399,999 in June 2022, which was around 172% above the average June 2022 semi-detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

55 PARK DRIVE Sold Prices

Land registry data shows three sales for 55 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 55 PARK DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 29 JUN	£399,999	£146,949	172% above HPI
2016 12 MAY	£300,000	£112,023	168% above HPI
2001 10 AUG	£155,000	£46,321	235% above HPI

55 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The three 55 PARK DRIVE sales between August 2001 and June 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2016 sale was for 168% above the HPI. So the extrapolation line tracks at 168% above the HPI over time, until the June 2022 sale, where it rises to 172% above the HPI. The line then continues to track at 172% above the HPI.

What might 55 PARK DRIVE be worth now?

55 PARK DRIVE might now be worth an estimated £434,811.

This is based on house price inflation of 8.7%, between June 2022 and February 2025, for semi-detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% inflationary increase is applied to the most recent sale price for 55 PARK DRIVE of £399,999 on 29th June 2022. For the value to have increased from £399,999 to £434,811 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 55 PARK DRIVE has moved in line with the HPI for semi-detached houses in the North East Lincolnshire local authority area.
• The June 2022 sale price of £399,999 represented a fair market value for the property.
• The size, condition, and specification of 55 PARK DRIVE has not materially changed since June 2022.

How Large is 55 PARK DRIVE?

55 PARK DRIVE is 226m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of semi-detached houses houses in Grimsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grimsby, and where 55 PARK DRIVE lies on this distribution: 98% of semi-detached houses houses are smaller than 55 PARK DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Grimsby.

55 PARK DRIVE: Plot and Title Map

55 PARK DRIVE sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of 55 PARK DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 55 PARK DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 55 PARK DRIVE?

55 PARK DRIVE is located in GRIMSBY, in the DN32 postcode district. The below map shows the position of No. 55 on PARK DRIVE.